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RBI's policy dilemma

This week’s good news on food price inflation was evened out by the bad news on fuel prices hike. But, both were along expected lines. Thanks to the so-called “base effect” — the fact that last year this time food prices were rising sharply and since last year’s prices become the denominator in this year’s price ratio, the rate of inflation would be expected to moderate — and to an...

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Panel for lower interest on farm loans by Gargi Parsai

A working group on agriculture constituted by Prime Minister Manmohan Singh has suggested that the government provide farm loans to farmers at four per cent interest rate, raise the minimum support price (MSP) for farm produce to 50 per cent higher than the actual cost of cultivation and expand diesel subsidy scheme across the country.The Working Group on Agriculture Production headed by Haryana Chief Minister Bhupinder Singh Hooda submitted its...

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UP’s megalopolis or state-sponsored land grab?

In a jaw-dropping move, the Uttar Pradesh government has converted 2,367 sq km of the countryside along the Yamuna Expressway, connecting Greater Noida with Agra , into urban land. In a country where policy to create new towns has not ventured beyond the 50 sq km allowed as the maximum area of a Special Economic Zone, this is welcome. But not so, the manner in which the changed land-use is going...

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Kisan Swaraj Yatra to make presentation before National Advisory Council by Gargi Parsai

The rally members will highlight farmers' insecuritiesKisan Swaraj Yatra (rally for farmers' sovereignty), a conglomeration of farmers' organisations, consumers and civil society groups, is to make a presentation on the agriculture crisis to the National Advisory Council (NAC). They seek a Farmers' Income Commission and a social security legislation for farmers.Representatives of the Yatra, who met NAC chairperson Sonia Gandhi here on Saturday to highlight the income insecurity of farmers,...

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Gujarat farmers draw attention towards continuing agrarian crisis

Scores of farmers took part in a 'Kisan Swaraj Yatra', a rally, which began from Sabarmati in Gujarat and culminated at Mahatma Gandhi's memorial Rajghat here on Saturday, to draw the attention of the government towards the issues concerning the farmers and the continuing agrarian crisis in India.The farmers and representatives of the 'Alliance for Sustainable and Holistic Agriculture (ASHA)' later met Congress President Sonia Gandhi and briefed her about...

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